rwe is up by 11%.s taking the wrong end of the stick of this interaction, but still trading up by 5%. an energy press conference is taking place in 20 minutes time. we need to get more detailed on what is happening here. so tradingyou have da a little bit stronger. eat and asside, just -- auzita, trading down. reporter: a long-held goal of pyongyang, according to a south korean newspaper. an unidentified senior official from south korea. mikehile, the cia head pompeo has ruled out any relaxation of sanctions and said kim must stand by his office. japanese finance minister taro aso is coming under pressure to resign amid a scandal with links to a school and shinzo abe. yen strengthened and stocks pared some gains. chief saideu trade she had "no immediate clarity on whether the block will be off the hook for u.s. tariffs." donald laid down his conditions and repeated the threat if they are not met. the european union has treated the u.s. very badly on trade and are complaining of the tariffs on steel and

yawn buys energy from rwe, valuing the giant. anna: e.u.hts ran exemption ariffs.ump austerit >> there is no winner and a trade war. china does not want a trade war and will not start a trade war first. treasury angst. the u.s. prepares you auction $62 billion of bonds this week. with 10 year demand the lowest since 2009, could yield finally yields finally-- be headed to 3%? good morning. welcome to "bloomberg daybreak europe." we have one hours ago, a little bit less, until the start of cash trading. let's look at how futures are trading in europe after issue market. we are up overnight. we see futures here on european stock indexes, gaining as well. for the futures up only .3%. dax futures up .8%. we have to wonder how much that has to do with our rwe yawn deal. we are expecting investors to react fairly positively to this for both of those utilities. carmakers weigh heavily on the dax last week and had a really rough week? how will they react to trump's threats of more terrace -- tariffs. to what extent investors are discerning between t

rwe will take over the renewable assets of these two companies and utility assets, and rwe will own ake in eon, so there will be a close link between these companies, which historically have been huge rivals. it is historically still difficult to see how this is actually going to play out, and it is a real reversal from what these two companies are saying a couple years ago when they both were spinning. become?will rve will it turn into a green asset holder? business so far has focused on conventional power now this combines to a natural, newer platform under the roof of strong renewables. >> deutsche bank says it plans to raise as much as 1.8 billion euros in an ipo with its asset management unit. a successful offering would mark an important achievement for john cryan. he proposed the sale year ago to bolster the lenders capital. a lot rides on this successful ipo for john cryan. >> when he announced the plan, the funds raised from the ipo going to deutsche bank's coffers, i think that will move. people aren't so concerned about that anymore, but it is a key part of the plan which i

rwe will take over the renewable assets of these two companies and the utility assets, and rwe will owneon, so there will be a close link between these companies, which by the way, historically have been huge rivals. it is difficult to see how this will actually play out. it is a real reversal from what these two companies are saying a -- or just saying a couple of years ago when they both were spending. >> what will rve become? will it turn into a green asset holder at a bigger carol? >> operating business so far has -- at a bigger scale? >> operating business so far has focused on conventional power generation and now this combines to a natural, newer platform under the roof of strong renewables. we are actually the number 2 in wind in europe and over all in renewable energy in europe. >> deutsche bank says it plans to raise as much as 1.8 billion euros in an ipo with its asset management unit. a successful offering would mark an important achievement for chief executive, john cryan. he proposed the sale year ago to bolster the capital of the lender. a lot rides on this successful ipo

and asset swaps, e.on will emerge with the resale in the network businesses of both companies while rweill end up owning the combined renewable generation businesses, as well as the large stake in neon. deutsche bank shares, little changed. it plans to raise as much as 120 billion euros in an ipo of its asset management business. it's a key pillar of the german lenders turnaround strategy. the offering values asset manager at roughly 7.2 billion euros with the first day of trading expected march 23, really quickly. let's have a look at gkn shares, because melrose industry has toetened and offer for gkn 8.1 billion pounds, an effort to woo shareholders away from supporting the u.k. engineering company's proposal to break itself up. increased bid values the company up frompence a share, the original proposal, shareholders have until march 29 to accept the offer and thwart what it called a hasty firesale of gkn's businesses that would be, i quote, a bad deal. vonnie: mark, thank you. the european union has dismissed president trump's threats of tariffs on car imports. commission argues the

this was the renewable's leg of rwe.ins as of now, it says it sees 2017 dividend of 1.06 euros per share. in 2018, they adjusted the income to more than $1.1 billion. very interesting on its own. but also interesting because will break of his company, giving eon the grid resources and utilities of the nation's power needs and rwe, all the power generation resources of the power business in germany. is a very interesting deal and we will talk about it some more. anna: absolutely. chris bryant is writing a very great piece. the singing and dancing power giant is just too great and that is what we are seeing this and why we are seeing this deal taking place in germany, he argues. let's talk about what is going on more broadly overnight then. on the risk radar we have the msci asian-pacific up by 1.5% this morning. economy and job creation story versus concern about paris and it seems the real economy, the job creation story is just winning out right now. as we see the extends coming through from the asian equity session, a

rwe will end up the combined renewable -- owning the combined renewable generation businesses.aking a look at the yen in the united states. there has been scandal in japan concerning the finance minister. it is stronger by about 2/10 of 1% right now. the canadian about 2/10 of 1% right now. dollar is showing signs of release following data on friday. the right be a reprieve from all of the tariffs -- there might be a reprieve from all of the tariffs. divergence, with crude oil and futures. you mentioned some of the macro movers i was going to talk about, including turkey. experiencing a little bit of weakness regarding oil inflows. when it comes to equity indices around the world, many of them are higher. >> let's get to the markets. they are nursing their wounds. prediction was gotten wrong. we are talking rugby. france winning. a big supply week also for the u.s. treasury markets. you have talked a lot about in recent weeks. it was a rough funding week. i would think the markets would be in a place to take this down, though i would not imagine too much. recovery, is that a ha

energy -- the $27 billion deal will see eon emerge with the retail businesses of both and upes, and rwe with renewable operations and a large stake in eon. the company is germany's biggest investor in renewable energy with more than $10 billion in wind and solar storage. david: so we are going to pay that now and talk about central banks. has, you and i know in the job we do that clear, transparent communication from a central bank is very important, especially in times where forward guidance is vital as we try to guess what they will do. in a transition of coming off extraordinary stimulus, moving into what will hopefully be a period of normalization. the other part of the story is how they actually reach out to what is more and more a younger generation of information users, and we have a story on this. bank indonesia, in terms of the number of followers they have on social media, it leads the world. have a look, a graphic shows this, compared to the fed, the mexican central bank, the ecb. 600,000 followers from bank indonesia, and they tweeted out almost 12,000 times. a lot of that i

e.on is in advanced talks to acquire rwe's green energy business.ounced as soon as monday. the nation works to wean itself off fossil fuel. people familiar with the matter say no final decisions have been made. the deal could still all apart. there will be no bonuses for deutsche bank's management for a third year running. the banks 12 member board will forgo variable compensation tenants for 2017. ceo is trying to motivate and retain highly paid investment banking staff will keeping a lid on cost after three straight years of losses. withook has reached a deal mlb for exclusive rights to stream divides afternoon games. it is the first time a major sports league has agreed to show regular season games solely on a social media platform. are talks toed 11 acquire a majority stake in emi music. people familiar with the matter saying the owner is looking for cash -- looking to cash in on the booming market for music streaming. adding emi's catalog would solidify sony's position as the world's largest music publisher. that is your bloomberg is miss flash

we are looking at eon, but we had numbers fromt the rwe, and we are focusing on eon.he savings might read as much .s 800 million euros by 2022 so, a number of things pushing the stock higher, as i say one of the best performers on the stoxx 600. i am also looking at antofa gasta. yearng at the full revenue dividend. a number of factors to push that stock higher. only downside, the worst performer on the stoxx 600 is iliad, pushing that stop down the most since june of 2016. guy: thank you very much. the benchmark containing some of europe's biggest manufacturers has been trailing for most of this year with a stronger euro slowing growth and a potential trade war threatening investors with a little more pain. they are waking up to how vulnerable stocks in europe might be. joining us out of berlin with matt, richard jones. and heather jones, still with us on set. and bilal hafeez, here from nomura. heather, let me start with you. germany in many ways has been at the forefront of what has been an incredible recovery. we have a cheap recovery. but some of that is just beg

scarlet: quickly moving to a big , this energyermany company, rwe is in there. important? : in terms of the future of utilities and energies, this is about desegregation. this is been the argument people have been making for a long time. -- has been the argument people have been making for a long time. i want to take us inside my terminal. let's talk about the role of independent investment banks, who has been having a killer year. you have independent investment banks, who has been having at the third and fourth place for all mna independent investment banks. one thing that jumped out at us is how you are seeing the independent investment banks get rolled. julie: very interesting. thank you so much, ed. s dines on jeff bezo iguana and talks about his plans for space travel. from new york, this is bloomberg. ♪ julie: this is "bloomberg markets." scarlet: it is time now for the bloomberg business flash. capital asset management argues a merger would be a terrible deal for dell and shareholders. year's besthe performer in the s&p 500. shares fell today. citron sai

stay tuned with the -- for the interview with rwe's ceo.att: good morning from berlin, this is "bloomberg daybreak: europe." i am matt miller. anna: these are today's top stories. trumps trumps firewall, the president blocks broadcom's bid for qualcomm, citing national security concerns. anna: pointing the finger, tillerson and may accuse russia of poisoning a former spy on you case oil. the pboc.r to live in beijing. ♪ matt: welcome to brett -- daybreak. let's take a look in our away from the start of trade. a little less than an hour away. futures are trading with the mix trade overnight in asia. there are concerns about tariffs. they do not seem to be weighing too heavily on the dax. dax futures are unchanged. as our ftse futures. cac futures rising just a bit. you're not getting a lot of direction from the futures trade this morning. anna: u.s. features have been flat over the next -- over the last few hours. we are watching out for anything they have to say about the future of strike activity over minee big mind in -- big in chile. abo

lose jobs.s energy and do what it likes with it and hand the assets rwe needs. -- 9:30 a.m. ceoill talk to e.on's joining us later. more on this shaping of the german energy space. this is the picture in the asian session. msci asia-pacific up by point two of 1%, a little lackluster in terms of its moves, lacking conviction in the asian session --ing to work out whether where the tariff story leaves the global economy. we did see a dip in u.s. stocks. we have a lot of chinese data later on this week which might give us more of a clue on the global growth story. auctions taking place in the u.s. yesterday. we are higher on yields, lower in price in terms of what we see in the treasury market. it was described as in line with expectations or decidedly average depending on which copy you were rating. not a ringing endorsement of increased supply. we get cpi data later. those are the numbers we are looking for, the estimates that we looking for confirmation. we see some dollar strength across the board. the dollar gaining against its peers. i have a chart because we

the complex $27 billion deal would see a on merge with the , rwe wouldle both end up with a larger stakegest with 10 billion euros in wind and solar storage. betty: consortium of jet airways, delta is set to be understood in india. the modi government wants to break up the carrier into four separate companies and selloff 51% in each of them. air india has $8 billion of debt , five subsidiary companies and a combined workforce of 27,000 people. that is just about it for daybreak australia, but yvonne and betty are back. what are you watching? yvonne: we are speaking to sadiq khan of london. he will be joining us out of austin, texas with the sxsw festival. he will be delivering the keynote speech and talking about the cost -- consequences of the howent tech revolution and these companies need to be held responsible or accountable when over abuse in some of the online platforms we have seen. he has called on facebook and twitter to act faster as well as more further when it comes to some of these reforms and responding to it. uber is under fire after they got their license revoked in londo

rwe and aon in the german sector and that's helped the sectors here as well real estate doing well ofe, rates did rise a bit on friday, but interesting to point out, financials there disappointing, down a quarter of a percent but we'll dive into one individual name to have a look at that goldman sachs up nicely today. near the top of the dow, performing well on the news of those succession plans we heard about. david solomon anointed as the successor to lloyd plablankfein. i bring up the year-to-date chart because there's plenty of buying opportunities at goldman sachs. after markets pull back, it's been below 250 and now up at 273, near all-time highs clearly rallying ahead of results, maybe people thinking the pick up in volatility will help goldman sachs quick look at the dollar with bob pisani because we had three weeks of gains in the dollar not resounding but three weeks of gains, nonetheless. going down today about 0.2%. bob, your main takeaway today? >> we need a little direction. we got the jobs report out of the way. we had earnings out of the way now that the tariffs been r

the complex deal will see eon emerge with businesses of both companies while rwe will have renewabletion and a large stake in eon. the company is germany's biggest investor in renewable energy with more than 10 billion euros. a consortium of jet airways are said to be interested in air india and is repairing a bid. government wants to break up the debt-laden carrier. air india currently has almost $8 billion in debt. five subsidiary companies and 27,000 workers. next, we will have -- this is bloomberg. ♪ ♪ >> 8:30 in singapore, half an hour away from opening of trading. betty: you are watching "daybreak: asia." let's get to the first word news. ramy: president donald trump is calling on states to adopt so-called red flag laws to let authorities take guns from individuals deemed by a court to be a threat. the administration will also wants -- will also launch a commission focused on school safety. the white house says proposals, after weeks of talks since the deaths of the mostly high school students in parkland, florida. china's nominal parliament has voted to let presidency champagn